Fintech News

FEBRUARY 10, 2025

The financial services industry has consistently led the way in embracing technological advancements, with Generative AI (GenAI) emerging as a transformative force in recent years. However, the emergence of Agentic AI marks a significant evolution in this landscape. What is Agentic AI?

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Finextra

NOVEMBER 19, 2024

Despite dominating headlines, only 6% of the banking, financial services and insurance industries have truly leveraged generative AI algorithms for business models, while 46% are merely passive observers.

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The Payments Association

DECEMBER 10, 2024

The article explores the growing threat of AI-enabled fraud in the payments sector and how firms can combat it with advanced technologies. It highlights the urgent need for payments firms to address AI-driven fraud to protect financial security, maintain customer trust, and comply with regulations. Why is it important?

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Fintech News

APRIL 29, 2025

Backbase , a digital banking software provider, has launched its AI-powered Banking Platform, following the introduction of its Intelligence Fabric in September 2024. It uses the Intelligence Fabric, a unified data foundation that converts behavioural, transactional, and operational data into real-time, actionable insights.

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The Fintech Times

APRIL 11, 2025

In a move to advance its strategic transformation, Lloyds Banking Group is leveraging the artificial intelligence (AI) and data science capabilities of Google Cloud. As part of its mission to ‘ Help Britain Prosper ‘, Lloyds Banking Group is using data and AI to help its customers make better financial decisions.

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Bank Automation

APRIL 10, 2025

Fintech Intuit is investing in AI and gen AI technology to develop streamlined solutions for financial customers. Our strategy in AI is to not just build it for a few specific use cases, Ashok Srivastava, chief data officer at Intuit, told Bank Automation News.

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The Fintech Times

DECEMBER 6, 2024

One of the biggest challenges for crypto adoption has been its use cases. For many, it has simply been viewed as a volatile investment, but what if it could be used to make everyday purchases? Rezolve Ai is integrating WDK (Wallet Development Kit) by Tether into its Brain Checkout platform.

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Fintech Finance

MAY 1, 2025

The future of commerce is on display at the Visa Global Product Drop with powerful AI-enabled advancements allowing consumers to find and buy with AI plus the introduction of new strategic partnerships and product innovations. In the near future, consumers will enable AI agents to browse, select, purchase and manage on their behalf.

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The Fintech Times

FEBRUARY 26, 2025

A couple of years after its initial boom, artificial intelligence (AI) still remains a huge buzzword in the fintech industry, as every firm looks at a new way of integrating the tech into its infrastructure to gain a competitive edge. The role of the CFO, for example, will be transformed over the next decade, thanks to AI.

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FloQast

MARCH 19, 2025

In an industry facing an extreme talent shortage, combined with rapidly evolving technology, Artificial Intelligence (AI) agents should be a top priority for all accounting departments to evaluate this year. But what exactly are AI agents, how can you use them, and what are the benefits? What are AI Agents? Lets dive in!

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Bank Automation

FEBRUARY 5, 2025

Financial services providers are leaning into agentic AI in 2025 as they look to reduce costs and improve efficiency.

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Finextra

JUNE 19, 2024

Join FinextraTV as we talk with Ermes Dajko, Senior Cloud Solutions Architect at Temenos, about the transformative impact of generative AI in banking. Discover how Gen AI is revolutionising decision-making processes with practical use cases.

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Fintech Finance

DECEMBER 19, 2024

Visa (NYSE: V) today announced it has completed its acquisition of Featurespace , a developer of real-time artificial intelligence (AI) payments protection technology that prevents and mitigates payments fraud and financial crime risks.

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Fintech News

JULY 18, 2024

to support the development of quantum and AI technologies within the financial sector. In parallel, MAS is enhancing the existing AI and data grant scheme under FSTI 3.0 to support the progressive adoption of AI technologies. Additionally, MAS will develop AI platforms to address industry-wide use cases.

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Bank Automation

FEBRUARY 21, 2025

The top 50 banks around the world have deployed AI for 167 use cases to improve efficiency and drive consumer experience within their operations.

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Fintech News

JUNE 18, 2024

The advancement of generative artificial intelligence (gen AI) has opened up new commercial, social, and technological opportunities. The document, released in May 2024, outlines challenges associated with gen AI and shares a comprehensive gen AI risk framework to guide financial institutions in using the technology in a responsible manner.

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The Fintech Times

JULY 19, 2024

The Monetary Authority of Singapore (MAS) has committed an additional S$100million to support the development of quantum and artificial intelligence (AI) technologies in the financial sector. Nevertheless, the level of AI-readiness and adoption varies across financial institutions in Singapore.

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The Fintech Times

MAY 1, 2025

Payments giant Visa unveiled a number of AI-enabled advancements at its Global Product Drop, alongside expanded stablecoin partnerships, as it looks to position itself as a key enabler of the AI-driven future of digital commerce. Leveraging agenic AI In the last 25 years, Visas network has processed 3.3 trillion transactions.

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The Fintech Times

SEPTEMBER 3, 2024

Business analytics enterprise, IBM , has unveiled new technologies designed to significantly scale processing capacity across IBM Z mainframe systems helping accelerate the use of traditional AI models and Large Language Models (LLMs).

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Fintech News

MARCH 26, 2025

AI and Data-Driven Leadership Piyush Guptas vision extended beyond digital banking into artificial intelligence. Under his leadership, DBS has been integrating AI into its operations since 2014. Since that year, they have been using it to drive business value, enhance customer experiences, and improve internal efficiencies.

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The Fintech Times

MAY 30, 2025

In light of this, this May we are looking to spotlight blockchains use cases and where the tech is going next. With the AI boom appearing to take off almost overnight in early 2023, the sector has not looked back, leaping from one milestone to the next. We asked experts across the fintech sector to share their views.

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Fintech News

SEPTEMBER 25, 2024

This embeds advanced AI and data infrastructure to enhance productivity in customer service and sales operations. A key feature is Agentic AI, which enables banks to deploy AI agents that autonomously manage customer journeys and workflows. Today, we are making a massive leap forward in unveiling our Agentic AI strategy.

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Fintech News

APRIL 16, 2024

Generative artificial intelligence (AI), also known as gen AI, is expected to significantly impact risk management over the next five years, allowing financial institutions to automate tasks, accelerate processes and improve efficiencies. Following a credit decision, gen AI can draft the credit memo and contract.

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Finovate

JANUARY 23, 2025

Face-to-face conversational AI innovator eSelf has raised $4.5 Here’s some alumni funding news that slipped beneath our radar: eSelf , which offers a platform that enables businesses to build face-to-face conversational AI agents, has secured $4.5 ” Use cases for eSelf’s virtual agents have been diverse.

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Nanonets

MAY 31, 2023

According to a Forrester survey, 98% of financial institutions believe that AI and ML can give them an edge and improve how they do business. This article explores the case for integrating AI into your finance function, the route to achieving it, and how your business can step change as a result. Use cases of AI in finance.

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Bank Automation

FEBRUARY 1, 2024

BNP Paribas is looking to use AI and gen AI for revenue generation and cost optimization. “In Investments made in AI and technology will help in “revenue generation, because we will have […]

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Fintech News

SEPTEMBER 15, 2024

Harvard Business School (HBS) has released a case study on DBS Bank ’s use of Artificial Intelligence (AI). Authored by HBS Professor Feng Zhu, the study examines DBS’ AI strategy and how it has integrated AI into its operations to enhance customer experience and employee productivity.

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Fintech Finance

APRIL 24, 2025

In response, 96% of US banks back the implementation of a ‘confirmation of payee’ scheme to protect against fraud. Other fraud-fighting measures like AI (40%), real-time fraud detection (39%), and multi-factor authentication (35%) are also gaining traction. Only 4% feel they are behind but have the potential to catch up.

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The Finance Weekly

OCTOBER 15, 2023

The business world is changing fast, giving Chief Financial Officers (CFOs) and their teams a chance to use Generative Artificial Intelligence (Generative AI) for innovation and efficiency. Generative AI can help in saving costs, making better decisions, and developing skills. This enhances customer experience and loyalty.

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Fintech News

OCTOBER 16, 2024

Swift, the global financial messaging network, is launching a new AI-powered service to help banks fight financial crime. The service, which will be available in January 2025, uses artificial intelligence to analyse pseudonymised data from billions of transactions and flag suspicious activity in real time.

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Finextra

JUNE 20, 2024

During the last panel of EBAday 2024, Patricia Hines, head of banking and payments at Celent talked all things AI with Sara Amara, head of currency and clearing Europe at HSBC; Gurumurthy Palani, head of transaction banking at Gulf International Bank; Christian Sarafidis, chief executive EMEA financial services at Microsoft; and Andy Schmidt, vice (..)

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The Fintech Times

MAY 14, 2024

Temenos , the SaaS cloud banking solution provider, has launched new generative AI solutions as part of its AI-infused banking platform, in a move hoping to change how banks interact with their data, as well as boost productivity and profitability. Temenos generative AI also enables users and regulators to verify the results produced.

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Fintech News

MAY 13, 2024

Banking software company Temenos announced the launch of its new Responsible Generative AI solutions, aimed at enhancing core banking operations at the Temenos Community Forum 2024. The company introduced these AI solutions to integrate with its existing banking platforms, including Temenos Core and Financial Crime Mitigation (FCM).

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Fintech News

APRIL 15, 2024

In an era where technology and innovation are pivotal to competitive advantage, the financial services industry stands on the cusp of a transformative revolution, primarily driven by the advent and integration of generative AI technologies. trillion to US$4.4 trillion globally across various industries.

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Finovate

MARCH 13, 2024

The EU Parliament approved the Artificial Intelligence (AI) Act today. It’s no secret that AI is a double-edged sword. For every positive use case, there are multiple ways humans can use the technology for nefarious purposes. Member states agreed upon the regulation in December 2023.

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Fintech Finance

AUGUST 15, 2024

Using Google Cloud’s Vertex AI platform, Sionic is able to help financial institutions and retailers detect fraud more effectively. Sionic teamed with Google Cloud Consulting to design and build the specific use case AI models.

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The Finance Weekly

NOVEMBER 20, 2023

AI is , transforming the finance sector, especially in financial planning and analysis (FP&A). Using machine learning algorithms is crucial to make FP&A functions more responsive, insightful, and efficient. Why Should FP&A Leaders Consider to Integrate AI? Some typical examples of AI applications are: 1.

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